A_x:y = 1 - delta a_x:y a_x:y = a(double dot)x:y) - 0.5 a(double dot)x:y) look up in tables Good luck! John
Hi John, I have a couple of queries: Why is there a delta in place of a 'd' since we are dealing with the discrete version? Shouldn't the different between 'a[double dot]' and 'a' be 1 and not 0.5? Thank you
Hi John, Could you please clarify the following: Why is there a 'delta' eventhough the question is regarding benefit payable at discrete time ? Shouldn't the different between a[double dot] and a be 1 and not 0.5? Thank you
Hi Nirrushan, I think both of your questions are solved if I clarify that I took A_ and a_ to mean A bar and a bar, ie paid immediately on death and continuously, Good luck! John